BAYC introduces “Made by Apes,” on-chain IP verification tool for NFT creators

BAYC Tease “Made by Apes” IP Verification Tool for NFT Creators

The Bored Ape Yacht Club (BAYC) has unveiled its latest innovation, “Made by Apes,” an on-chain IP verification tool developed in collaboration with SaaSy Labs.  Quick facts: The new tool aims to empower BAYC members to verify the authenticity of their NFT creations and establish an official catalog within the club. Meanwhile, the BAYC floor … Read more

Robert Kiyosaki Predicts Bitcoin Price to hit $120,000 in 2024

Bitcoin (BTC) Price: "Rich Dad Poor Dad" Author Expects $120K Target in 2024

Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” continues to express his optimism about Bitcoin, predicting a price level of $120,000 in the midst of plans by the BRICS alliance to introduce a gold-backed cryptocurrency.  TLDR: In a recent tweet, Kiyosaki highlighted the potential adoption of a gold-backed digital currency by the BRICS … Read more

UK Regulator and Police Target Illicit Crypto ATMs in East London Crackdown

UK FCA Cracks Down on Illegal Crypto ATM Machines

The Financial Conduct Authority (FCA) of the United Kingdom has launched a major crackdown on illegal cryptocurrency ATM machines in a bid to tackle illicit activities in the crypto space.  Quick facts: The crackdown follows the FCA’s ultimatum issued on February 14, which required all crypto ATM operators in the UK to either comply with … Read more

Voyager Digital Customers Withdraw $250M in Crypto Assets

Voyager Digital Customers Withdraw $250M in Crypto Assets

Customers of Voyager Digital, the bankrupt crypto lender, have wasted no time in withdrawing their funds, resulting in a significant outflow of $250 million in crypto assets.  Quick facts: After almost a year of suspended withdrawals and filing for Chapter 11 bankruptcy, Voyager Digital recently reopened its withdrawal service on June 23. Since then, investors … Read more

Bitcoin Whales Accumulate 71,000 Btc in the Past Three Weeks

Bitcoin whales accumulate 71,000 BTC in the past three weeks

Bitcoin (BTC) whales, the influential investors with substantial Bitcoin holdings, are displaying unwavering confidence in the cryptocurrency, defying the current sideways price action.  Quick facts: According to on-chain analytics firm Santiment, these whales have accumulated an additional 71,000 BTC in the past three weeks, valued at approximately $2.15 billion. The accumulation trend has emerged despite … Read more

Coinbase Deliberately Ignored Securities Laws, Says SEC

Coinbase Deliberately Ignored Securities Laws, Says SEC

Coinbase, one of the leading cryptocurrency exchanges, is facing serious allegations from the United States Securities and Exchange Commission (SEC).  Quick facts: The SEC has countered Coinbase’s argument regarding the regulator’s jurisdiction to prosecute the crypto exchange by filing a response.  The regulatory body claims that the exchange knowingly and deliberately violated securities laws. In … Read more

Multichain Services Halted Amid $126 Million Asset Outflow

Multichain Services Halted Amid $126 Million Asset Outflow

Multichain, a prominent cross-chain bridge platform, has been forced to suspend its services following a significant outflow of assets totaling a staggering $126 million.  Quick facts: The sudden exodus has raised serious concerns and prompted Multichain to issue a warning to its users, advising them to refrain from utilizing its services until further notice. The … Read more

South Korea wants Government Officials to Report Crypto Holdings

South Korea Requires Employees to Report Crypto Holdings

In a move to enhance transparency and address potential conflicts of interest, the Financial Services Commission (FSC) of South Korea has introduced regulations requiring its internal employees to report their crypto holdings.  Quick facts: The new measures are part of the second phase of legislation aimed at strengthening oversight within the crypto market. In accordance … Read more

BlackRock CEO Sees Bitcoin (BTC) as the New “Digital Gold”

BlackRock CEO Sees Bitcoin (BTC) as the New "Digital Gold"

BlackRock CEO Larry Fink has recently made headlines by recognizing Bitcoin’s emergence as the new “digital gold,” highlighting the transformative potential of the cryptocurrency.  Quick facts: Fink’s change in perspective comes as BlackRock, the world’s largest asset manager, applies for a Bitcoin ETF, igniting institutional interest and driving Bitcoin’s price to new heights. In a … Read more